immofinanz

Construction works on the third stage of “Dębowe Tarasy” (Oak Terraces) were started in June last year. Presently, the prime contractor conducts the outfitting phase on the development.

The third stage of the housing estate consists of three buildings – two five-storey and one eleven-storey offering 317 apartments in total. This residential scheme is located on Johna Baildona St. Future residents can choose from one- to four-room

The international consortium of investors led by Allianz has acquired from Immofinanz Group the Silesia City Center – the fifth biggest shopping center in Poland. The acquisition, worth €412 million, is the largest transaction on the Central Eastern European market this year. Jones Lang LaSalle advised Allianz on the acquisition process.

Immofinanz Group closed the sale of Silesia City Center for EUR 412 million to an international consortium of investors led by Allianz with the involvement of Asian partners. The sale price exceeded the book value, as it had been previously reported.

„Cycle-optimised sales like the Silesia City Center generate the liquidity for investments in new properties and again confirm our valuation approach in Eastern Europe.

An international investor consortium led by Allianz has been given a green light from the Office of Competition and Consumer Protection (UOKiK) to purchase the fifth biggest shopping mall in Poland – Silesia City Center.

The conditional contract between the consortium and the present owner Immofinanz Group was signed in May this year. The transaction was subject to suspensive conditions including the agreement of UOKiK.